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Geneva 60134
313 West Street
$361,000
● House - Off Market

313 West Street

Geneva, IL 60134
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,635 Ft²
$2,357
Est. Monthly
9.37%
Cap Rate

About This Property

Location!! Corner Lot. Walking Distance to Downtown Geneva, Shops,  Restaurants. Unique Property. Main Level Features Large Living Room,  Eat-In Kitchen, Separate Dining Room. Lots of Potential. Home Does  Need Some TLC. 2nd Level Has Lots of Options. In-Law Suite. Separate  Entrance. Great for Work/Life Balance. 4 to 5-Bedrooms. Lots of  Space. Fenced Yard. Full, Unfinished Basement. Property Being Sold  "As-Is."   MOTIVATED SELLER!!!
Unit Size
2,635 Ft²
Days on Market
-
Land Size
-
Price per sqft
$137
Property Type
House
Property Taxes
$589
HOA Dues
-
Year Built
1976

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MRED MLS #11796794)

Price History

Date / Event Date Event Price
Dec 21, 2023 Sold
Premium
Sold
Jun 1, 2023 Listed by Charles Rutenberg Realty of IL $360,000
Listed by Charles Rutenberg Realty of IL

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,064
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 82

    Dimensions

  • Lot Size Square Feet: 10,891
  • Total Building Area: 3,699
  • Gross Building Area: 3,699
  • Building Area: 2,635
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,635
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OF GENEVA MANOR
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: LOT 6 IN BLK 2 OF GENEVA MANOR

Neighborhood

  • School District Name: Geneva Community Unit School District 304
  • Census Tract: 852607

Geography

  • Parcel: 12-04-253-001
  • Block: 2
  • Lot: 6
  • Municipality: GENEVA
  • Latitude: 41.8914
  • Longitude: -88.326

    Address

  • Full Address: 313 West St
  • Address - House Number: 313
  • Address - Street Name: West
  • Address - Suffix Type: St
  • State: IL
  • City Name: Geneva
  • Carrier Code: C016
  • 4-Digit Zip Code: 1022
  • Zip Code: 60134

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $707,130
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: GE005

    Appraisal Valuation

  • Standard Deviation: 0.0882
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 92
  • Final Value: 348,156
  • High Value: 378,891
  • Low Value: 317,420

    Market Valuation

  • Market Total Value: $401,999
  • Market Land Value: $82,020
  • Market Improvement Value: $319,979

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $133,946
  • Assessed Land Value: $27,329
  • Assessed Improvements Value: $106,617

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 21, 2023
  • Current Sale Recording Date: Dec 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 44624
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Geneva

Stats & Trends

Median Asking:

$500,000

Sale Price/ft²

$262

Below Asking

0.01%

Average Days on Market

40

Average Home Size

1911 ft²

Average Home Age

53.5 years

Currently For Sale

47 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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MRED

Listed by: Heather Keller, Charles Rutenberg Realty of IL
Last Updated: 3 years ago
Data Source: MRED, MLS# 11796794
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 313 West Street built and last sold?
The property at 313 West Street was built in 1976 and last sold on Dec 21, 2023 for $361,000.
How much is this home worth?
The estimated value of the home located at 313 West Street is $0.
What are some comparable homes to 313 West Street?
There are currently no comparable homes to 313 West Street.
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